Looks ruff pookster, you sure about pulling the trigger? Is sale contingent on check by authorized yamaha mechanic? Wheel bearings are probably shot, carbs need cleaning(not a biggie),needs a stainless prop, wiring,gas tank(got one fer ya). Buying used is way cool if you don't get in a hurry and pickup some else's problems. Don't Rhino line it, $hit gets slick as owl $hit when wet. Think you are going to have way more things to worry about other than the battle ship grey paint job, IMO.
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